A loan of $3,900 helped a member to buy fabric, thread, lace, and other things.

Banco Mujer Perseverancia Group's story

Loida is the secretary of Banco Mujer Perseverancia (Perseverance Women's Bank), a group that is going places and has an excellent repayment record. Along with her, there are 5 other members of the group who are going to invest in commercial activities and light industry.
This lady is a woman who strives hard and works hard. She is 53 years old, married, and the mother of 2 children. Only her youngest son lives with her and he is at university. When she was very young, Loida began working as a dressmaker. Over the years, she has perfected her trade and she makes tailored clothing and curtains, bed clothes, bath sets, and other articles. This is the 6th loan that she has requested, and the earlier ones all enabled her to stock-up on raw materials such as fabrics so that she could always meet her orders and satisfy her customers' demands. She will use this new loan to buy more fabric as she has many orders for different articles. These loans have had a great impact on her and her family as she was able to give her daughter an education and now is doing the same for her son, and seeing him graduate into a profession is her greatest desire. She continues working with the same motivation and with many medium-range plans, including helping her husband with the expenses as they want to make some improvements to their house.

In this group: Lorena, Lady, Loida, Grace, Noyli, Rosa

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Translated from Spanish by Kiva volunteer Alison Hynd

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